Clicks is now in its third year of monitoring the ebbs and flows of the IT employment market through its IT Employment Confidence Index. The 2017 Q3 findings are out now and available to download.
Since the start of 2016, the index has shown high levels of stability in the IT job market, with what could be described as a moderate level of confidence in the Australian economy. At the time, the behaviour of the IT labour force was largely attributed to 2016’s socio-political climate, with various elections and referenda. The assumption was that IT staff were not interested in creating more uncertainty in their personal lives by looking for new jobs.
These assumptions were borne out in the last two quarter’s findings. We have observed an elevated level of confidence in the Australian economy, and in the proportion of people who believe they will find a new IT job in the next 12 months. For the second quarter in a row, over 50% of respondents indicated that they are likely to be looking for a new job in the next 12 months. These sustained attitudes spell the beginning of a continuing trend of job seeker optimism in the IT employment market.
It’s hard to say how long this trend will last, but now is a great time for hiring managers to review their resource levels, employment offers and hiring strategies so that they are positioned to take advantage of great IT talent entering the market over the coming months.
If you would like more information on this or other research conducted by Clicks, please email Ben Wood, Managing Director, or call him on 03 9963 4884.